Tags
about 4 years ago

Issue And Purchase Of Shares By Nr Is & Foreigners

Automatic Route for Issue of Shares by an Indian Company Under the Foreign Exchange Management Act regulations, an Indian Company is allowed to issue shares through the automatic route to a person who is a resident outside India.
about 4 years ago

Indian Foreign Subsidiary Registration

For this, we first need to understand what a foreign subsidiary company is.
about 4 years ago

Indian Private Limited Company For Foreigners

  Incorporation of Private Limited Companies in India  Registration or incorporation of a private limited company is the simplest and quickest sort of India section procedure for foreign nationals and also foreign companies.
about 4 years ago

Purpose Of Inventory Audit

It enables the company to decide on its forthcoming budget so that the business remains afloat.
about 4 years ago

Microfinance Internal Audit Checklist

Conclusion Internal audits in microfinance can prove to be beneficial to the companies, such as identifying areas that need to be changed or reviewed, finding new risks, etc.
about 4 years ago

Internal Auditor: Why Are They Important?

Role of an internal auditor is important as it keeps the company’s compliance in line with the rules and guidelines set forth.
about 4 years ago

Cost Audit Importance

Applicability and non-applicability of cost audit: Every company specified like drugs and pharmaceuticals, fertilisers, sugar, etc shall get its cost records audited in accordance to the rules mentioned in the Company Act, 2013.
about 4 years ago

Nbf Cs Internal Audti Policy

There are different types of NBFCs, and they are as follows: Infrastructure Finance Company Investment and Credit Company  Asset Finance Company Loan Company Investment Company Core Investment Company Housing Finance Company Mortgage Guarantee Company Micro Finance Institutions Infrastructure Debt Fund How to classify NBFCs?
about 4 years ago

Nbf Cs In Insurance Business

The guidelines provide that NBFC registered with RBI, having Net Owned Fund (NoF) of rupees five crores as per the last audited balance sheet shall be permitted to undertake insurance business as an agent of insurance companies.
about 4 years ago

Declaration And Dividend By Nbfc

RBI has provided ceilings on Maximum Dividend Payout Ratio as: For NBFCs not accepting public funds and not having any customer interface: No Maximum ceiling provided For Core Investment Company: 60% For Standalone Primary Dealers: 60% Other NBFCs: 50% What are the reporting requirements for NBFC declaring Dividends?